I'm under contract on my first multi (yay!!) and I'm setting up my accounting. Is there a number you like to set aside as cash reserves for cap ex and repairs? Is there a number per property you like to leave in the...

Hello, I'm interested in understanding the responsibilities of a property owner that would not be handled by a property manager (or that would be a la carte items). For example, are the items below the responsibility ...

Hello Bigger PocketsI am new to the world of REI and am currently looking for my first deal.  I am looking for a SFH or a townhouse, preferable townhouse for lower maintenance costs, 3 beds 2 baths, 1800 sq ft, in a n...

Hi all,I am recently getting into real estate in the form of trying to understand every aspect a home owner must consider before buying rental property. I’m hoping someone can help fill in the blanks of things I might...

Hello everyone!So it has been 2 months since I first joined BiggerPockets, and 12 months since I first started learning about real estate investing. I've listened to podcasts religiously, met locally with some amazing...

I have a single-family rental house with an excellent tenant who has expressed interest in purchasing the property on a rent-to-own contract.My question is:  1.  What is the best setup for a lease option agreement?   ...

My name is Neil. I am in a good profession making a great living, but want to diversify my investment portfolio. I have a retirement account filled with Vanguard index funds, and now I want to find an investment that ...

What do other investors typically pay for Water/Sewer/Garbage service annually for a property in Chicago.  I am specifically looking at 3 and 4 unit buildings, and I don't know how to accurately estimate these costs. ...

Hey y'all,
I've been speaking with my lender and he can help me refinance my home with another VA loan and cash out $50k, which I told him would go towards a down payment on a new property in a year and I would rent ...

Property management can be very challenging, especially if you have another job. In such a situation, it is advisable to hire a professional property manager to manage the property for you. However, you have to take y...